Throwing Bad Money After Good Causes

As you and your organization raise funds, remember, “Not all money is good money”. Consider the source; what their stated goals and objectives are; their mission, core values and culture. If they don’t mesh with those of your organization and what you’re trying to achieve, it’s best to turn the money down.

Remember, “He who pays the piper calls the tune”. You don’t want to find yourself in a position where you’re straying away from the original intent of your organization, mission creep or a rocky relationship with funders and/or the community.

I remember times in my own career where the organization I was running opted to not renew certain grants or go after certain funds because the cost of the money was a much higher price than we were willing to pay. Peace of mind, and singular focus on mission, in the long run are much more important than instant gratification of receiving money for programs that don’t fit your core mission, or being tied to a funder that doesn’t share your core values.

Can you remember a time when your organization had to wrestle with accepting a gift from a funder? If so, I’d be very interested in reading your comments below.

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